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Repurchase of Truecaller B shares in week 24, 2024

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STOCKHOLM, June 17, 2024 /PRNewswire/ — During 10 June 2024 and 14 June 2024 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 450,000 own B shares (ISIN: SE0016787071) as part of the share buyback programme initiated by the board of directors.

The share buybacks form part of the share buyback programme announced by Truecaller on 28 May 2024. The share buyback programme will run between 28 May up until the 2025 AGM which will be held in May 2025, and is carried out in accordance “Emittentregelverket”.

On the Annual General Meeting 2024 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2025. The new authorization means that buybacks may be made so that the company’s shareholding does not exceed ten (10) percent of the total number of shares in the company outstanding as of the date of the annual general meeting.

Date:

Aggregated daily
volume (number
of shares)
:

Weighted average
share price per
day (SEK):

Total daily
transaction
value (SEK):

10 June 2024

75 000

36.97

2 772 795

11 June 2024

75 000

37.44

2 808 315

12 June 2024

150 000

34.45

5 167 065

13 June 2024

75 000

34.46

2 584 530

14 June 2024

75 000

34.67

2 600 115

Total accumulated over week 24/2024

450 000

35.41

15 932 820

Total accumulated during the buyback program

965 000

36.20

34 934 041

All acquisitions have been carried out on Nasdaq Stockholm by Carnegie on behalf of Truecaller.

Following the above acquisitions. Truecaller’s holding of own shares amounts to 965,000 B shares and 5,600,000 C-shares as of 14 June 2024, which corresponds to 1.86% of the outstanding capital.

The total number of shares in Truecaller, including own shares, now amounts to 352,540,414 and the number of outstanding shares, excluding own shares, amounts to 345,975,414.

For more information, please contact:

Andreas Frid, Head of IR & Communication

+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:
Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 400 million active users, with more than a billion downloads since launch and around 50 billion unwanted calls identified and blocked in 2022. Headquartered in Stockholm. since 2009. we are a co-founder led. entrepreneurial company. with a highly experienced management team. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/repurchase-of-truecaller-b-shares-in-week-24–2024,c4001733

The following files are available for download:

https://mb.cision.com/Main/20429/4001733/2867288.pdf

Press release buybacks week 24 2024 Truecaller

 

View original content:https://www.prnewswire.com/news-releases/repurchase-of-truecaller-b-shares-in-week-24-2024-302173973.html

SOURCE Truecaller AB

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CGTN: President Xi’s Southeast Asia visits set to inject new impetus into regional development

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Ahead of Chinese President Xi Jinping’s state visits to Vietnam, Malaysia and Cambodia, CGTN published an article on how China follows the principles of amity, sincerity, mutual benefit and inclusiveness in its neighborhood diplomacy and how it strives to build a community with a shared future with neighboring countries.

BEIJING, April 12, 2025 /PRNewswire/ — Chinese President Xi Jinping will pay state visits to three Southeast Asian countries – Vietnam, Malaysia and Cambodia –next week, the Chinese Foreign Ministry announced on Friday.

The five-day tour to the neighboring countries, lasting from Monday to Friday, will be Xi’s first trip abroad this year.

The visits will come days after the Chinese leader called for building a community with a shared future with China’s neighboring countries at a recent central conference on neighborhood work.

Neighboring countries are China’s priority in its diplomacy, and China and Southeast Asian countries are good neighbors, good friends and good partners with a shared future, said Lin Jian, spokesperson for the Chinese Foreign Ministry, on Friday.

The upcoming visits by the Chinese president bears major importance for China’s relations with Vietnam, Malaysia and Cambodia and the Association of Southeast Asian Nations (ASEAN) as a whole, Lin told a daily press briefing.

The visits are also expected to inject new impetus into the peace and development of the region and the world, he added.

China and Vietnam: Camaraderie plus brotherhood

From Monday to Tuesday, Xi will travel to Vietnam for a fourth state visit as general secretary of the Communist Party of China Central Committee and Chinese president. The trip coincides with the 75th anniversary of diplomatic ties between China and Vietnam, two socialist neighbors that have forged an enduring bond as “camaraderie plus brotherhood.”

Xi last visited Vietnam in December 2023, when both sides agreed to build a ChinaVietnam community with a shared future that carries strategic significance, lifting bilateral relations to a new stage.

Economic and trade cooperation between China and Vietnam has developed steadily in recent years. China has been Vietnam’s largest trading partner since 2004, while Vietnam has been China’s largest trading partner within ASEAN since 2016. Bilateral trade volume has exceeded $200 billion for four consecutive years, reaching $260.65 billion in 2024, a year-on-year increase of 13.5 percent, showed data of the Chinese Commerce Ministry.

Chinese enterprises’ direct investment in Vietnam surpassed $2.5 billion in 2024, sustaining swift growth and making Vietnam an important overseas investment destination for China, according to the ministry.

China and Malaysia: Models of win-win cooperation

The Chinese president last visited Malaysia in 2013, when the two countries elevated ties to a comprehensive strategic partnership. Then a decade later, Xi and Malaysian Prime Minister Anwar Ibrahim reached an agreement in Beijing on jointly building a ChinaMalaysia community with a shared future.

In recent years, China and Malaysia have maintained high-level development in relations. Both sides have had frequent high-level interactions, continued to consolidate political mutual trust, achieved fruitful outcomes in practical cooperation, setting an example of mutual understanding and win-win cooperation between neighboring countries.

ChinaMalaysia collaboration has been expanding across the horizon. China has remained Malaysia’s largest trading partner for 16 consecutive years, with the volume hitting an all-time high of $212.04 billion in 2024. In recent years, Malaysia’s tropical fruits such as durian, mangosteen and jackfruit have become increasingly popular among Chinese consumers.

China and Malaysia are important developing countries and emerging economies in the Asia-Pacific. The upcoming visit by the Chinese leader will mark an important milestone in promoting the upgrading of the relations between China and Malaysia, said Lin, the Chinese Foreign Ministry spokesperson.

Through this visit, China hopes to further strengthen coordination with Malaysia on regional and international issues, move the bilateral relations towards the direction of building a high-level strategic ChinaMalaysia community with a shared future and make new contributions to the growing strength and unity of the Global South and peace and stability in the region, he said.

China and Cambodia: Ironclad friendship

Xi last paid a state visit to Cambodia in 2016. In September 2023, Cambodian Prime Minister Hun Manet chose China as his first official overseas destination after assuming office, a gesture reflecting Cambodia’s diplomatic priority. During their meeting back then, Xi and Hun Manet pledged to further carry forward the ironclad friendship between China and Cambodia.

In recent years, China and Cambodia have continued to deepen strategic mutual trust, enrich the “Diamond Hexagon” cooperation framework, make steady progress in the building of the Industrial Development Corridor and the “Fish and Rice Corridor,” achieve fruitful outcomes in cooperation across the board.

China has been Cambodia’s largest foreign investor and trading partner for several consecutive years. The China-Cambodia Free Trade Agreement, which came into effect on January 1, 2022, marks Cambodia’s first-ever bilateral free trade arrangement. In 2024, the trade volume between Cambodia and China reached $15.1 billion, surging 23.8 percent year on year.

Lin said, during the upcoming visit by the Chinese president, the two sides will have discussions on elevation of bilateral relations and have an in-depth exchange of views on five areas including political mutual trust, mutually beneficial cooperation, security, cultural and people-to-people exchanges and strategic coordination.

https://news.cgtn.com/news/2025-04-11/President-Xi-to-visit-Southeast-Asia-in-first-foreign-trip-this-year-1Cury5TVLpK/p.html

 

View original content:https://www.prnewswire.com/news-releases/cgtn-president-xis-southeast-asia-visits-set-to-inject-new-impetus-into-regional-development-302426978.html

SOURCE CGTN

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This Is a Test, Please Disregard

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SOUTH EUCLID, Ohio, April 12, 2025 /PRNewswire/ — This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire. This is a test from PR Newswire.

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View original content to download multimedia:https://www.prnewswire.com/news-releases/this-is-a-test-please-disregard-302426979.html

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BC Reshapes the Future: LONGi Launches Upgraded Hi-MO 9 Module with Industry-Leading 24.8% Efficiency

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WUHU, China, April 12, 2025 /PRNewswire/ — LONGi Green Energy Technology, a global leader in solar innovation, unveiled the upgraded Hi-MO 9 module powered by its HPBC 2.0 technology in Anhui, China. The latest iteration achieves a groundbreaking 24.8% conversion efficiency and a maximum power output of 670W, outperforming mainstream TOPCon modules by 40W in mass production. This advancement positions Hi-MO 9 as a transformative force for enhancing photovoltaic power plant value worldwide. 

Full-Scenario Power Generation Breakthrough: Bifaciality Exceeds 80%

The newly upgraded Hi-MO 9 module, engineered with LONGi’s proprietary HPBC 2.0 technology, redefines all-scenario power generation performance. By integrating innovative 0BB (0 Busbar) technology and full-area passivation (half-cell architecture), LONGi has boosted module power by 10W, reaching a peak of 670W,with an efficiency of up to 24.8%. The optimized rear-side grid design enabled by 0BB (0 Busbar) technology elevates bifaciality to over 80%, significantly enhancing overall energy yield. Compared to TOPCon modules, Hi-MO 9 delivers a 1.5% absolute efficiency gain, increases installed capacity by approximately 6.4% under equivalent land area, and reduces upfront investment costs of photovoltaic power plant. 

Beyond standard conditions, Hi-MO 9 demonstrates exceptional resilience in challenging environments such as partial shading, high-temperature/high-humidity regions, and low-light scenarios. Over the past year, multiple field demonstration projects have revealed the Hi-MO 9 module’s “remarkable” energy generation capabilities across varied environments. In Hainan, China’s high-temperature, high-humidity environment, LONGi’s Hi-MO 9 module delivers a 1.89% per-watt energy yield advantage over conventional TOPCon modules. In arid Riyadh, Saudi Arabia, the gain reaches 1.62%. Data from additional BC power plants further confirm the exceptional power generation capabilities of the HPBC 2.0-powered Hi-MO 9 module, underscoring its proven reliability across diverse global climates.

World Record Broken: Photovoltaic Efficiency Reaches New Heights 

At the event, LONGi announced a groundbreaking achievement in high-efficiency PV cell technology, setting an unprecedented world record: 

27.81% Conversion Efficiency for its self-developed HIBC (Heterojunction Interdigitated Back Contact) silicon solar cells, certified through rigorous calibration tests by Germany’s ISFH (Institute for Solar Energy Research Hamelin).

The achievement not only reignites global market optimism toward cutting-edge solar solutions but also solidifies LONGi’s role as a trailblazer in delivering transformative energy technologies. 

Unlocking Greater Commercial Value: Global Optimal BC Solar Power Plant Design Challenge Launched 

To further amplify the market potential of high-efficiency BC technology, LONGi partnered with TÜV Rheinland, a globally renowned third-party institution, to launch the “Global Optimal BC Solar Power Plant Design Challenge”during the event. The competition, open to consultancies, EPC firms, and renewable energy investors worldwide, invites innovative designs for ground-mounted power plant projects exceeding 50MW across diverse application scenarios. Submissions will be accepted from April 11 to November 30, 2025. TÜV Rheinland will lead an expert panel in rigorously evaluating entries based on BC technology integration, PVsyst simulation results, and design innovation. The total prize purse amounts to approximately 280,000 USD. (Details : http://www.longi.com)

Dennis She, Vice President of LONGi, emphasized: “BC technology represents the ultimate advancement in crystalline silicon solar cells. With a mature global ecosystem, high-efficiency BC modules are rapidly being deployed across diverse applications. The upgraded Hi-MO 9, powered by HPBC 2.0, will deliver unparalleled value to customers worldwide. We are committed to sharing BC innovations with global partners to build a sustainable future.” 

LONGi’s global order reserves for BC modules has exceeded 40GW. The expanding deployment of BC power plants worldwide will drive higher returns for clients and redefine the future of the photovoltaic industry.

 

SOURCE LONGi Solar

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